PAVO REAL

The 14,370 hectare Pavo Real Gold Project is located in the mid-Cauca gold belt, which is host to numerous porphyry and epithermal gold deposits.  Red Eagle Mining is exploring a number of significant gold bearing breccia, skarn and vein targets spread over a broad area at Pavo Real, with an emphasis on testing the potential for related porphyry gold systems.  The mineralisation has a high fracture and vein density and is not confined to just one sedimentary rock type, hence demonstrating the potential for a strong, extensive system of pervasive gold mineralisation.

Geology

Triassic-Jurassic sedimentary sequence of tuffs, agglomerates and lavas.  The sedimentary and volcanic sequences are intruded by various bodies of diorite, granite and rhyodacite porphyry, and cut by hydrothermal breccias and a large number of quartz veins and veinlet stockworks, all related to sericitic alteration.

Previous Exploration

Exploration to date has entailed:

Detailed structural and geological mapping on surface and in historic adits.

Trenching of breccias and rhyodacite porphyry, including 4 g/t Au over 10 metres and 2.2 g/t Au over 41 metres.

Collection and analysis of 540 rock samples averaging 4.1 g/t Au.

Aerial magnetic and ratiometric (potassic alteration) surveys.

Petrographic thin section study.

Ten recently producing artisanal adits have been mapped and channel sampled with results including mineralisation over significant widths such as 2.23 g/t Au over 27 metres.

The high potassic alteration and anamolous aerial magnetics are coincident with surface structural mapping and sampling of the host mineralised sedimentary lithologies.

Twelve diamond core drill holes.

Current Exploration

A continuing extensive soil geochemical sampling program is ongoing throughout the project indentifying new targets.